The most comprehensive estate planning book available, Plan Your Estate covers everything from basic estate planning to sophisticated tax-saving strategies for people with estates worth up to $1,200,000 or more. It demystifies: § probate avoidance § living wills § estate tax saving trusts § funerals and burials § federal estate and gift taxes § charitable remainder trusts § durable powers of attorney.This useful book includes valuable information about estate-tax savings and family "pot trusts." Good in all states except Louisiana.
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Denis Clifford, a graduate of Columbia Law School, where he was an editor of The Law Review, is a lawyer who specializes in estate planning. He is the author of many Nolo titles, including Plan Your Estate, Make Your Own Living Trust and Nolo's Will Book. He has been interviewed by such major media as The New York Times, Los Angeles Times and Money.Cora Miner Jordan earned her law degree at the University of Mississippi. A trained mediator, she is the author of Neighbor Law: Fences, Trees, Boundaries and Noise and co-author of Plan Your Estate.Excerpt. © Reprinted by permission. All rights reserved.:
Selecting Your Estate Planning Goals
There are a number of ways to leave property to those you want to have it after your death. The peculiarities of our system of inheritance mean that substantial amounts of money and time can often be saved if property is labeled and transferred by certain legal methods rather than others. But to choose wisely among these methods, you must first clearly define your estate planning goals.
This book is divided into 12 parts; each part covers a different estate planning goal or purpose. This chapter gives you an overview of each goal, so you can select the ones that matter to you. It also presents a sample estate plan of a couple in their 50s, so you can get a feel for what kinds of decisions you may have to make, and what types of documents you may end up with.
We urge you to read all chapters of every part that concerns you before you actually begin to formulate your own estate plan. Different aspects of estate planning are often intertwined. For example, it just doesn't make sense to decide what property should pass under your will -- and so go through probate -- until you understand whether some of it might be better left by other probate-avoidance methods. Similarly, if you have a good-sized estate, you'll need to understand how estate taxes work before you can determine the wisest ways to transfer property to your loved ones. The point is that you need a good overview of all the parts of estate planning that concern you before you begin to make your plan.
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Descripción NOLO, 2006. Paperback. Estado de conservación: New. Never used!. Nº de ref. de la librería P111413304060
Descripción NOLO. PAPERBACK. Estado de conservación: New. 1413304060 New Condition. Nº de ref. de la librería NEW7.1534156